AccelerComm, the company supercharging 5G with IP which increases spectrum efficiency and reduces latency, today announced that it has joined The O-RAN ALLIANCE, an industry association with a mission to re-shape mobile networks to be more intelligent, open, virtualized and fully interoperable without compromising performance. AccelerComm will contribute to the technical development of O-RAN standards, bringing its channel coding experience to reduce latency and increase spectrum efficiency for Open 5G Networks. AccelerComm’s cutting-edge technology builds on the successful roll out of 5G networks going on worldwide, enabling the next generation of use cases requiring ultra-reliable, low latency communications, such as gaming or VR, industrial IoT, autonomous vehicles and drone control.
See full article here: https://www.realwire.com/releases/AccelerComm-Joins-The-O-RAN-ALLIANCE-to-Improve-Interoperability
5G-ENCODE is a pioneering project looking to make the benefits of 5G technology a reality for UK manufacturers. The project is one of the UK government’s biggest investments in 5G for manufacturing to date and has been set up to establish clear business cases and value propositions for the application of 5G technology in manufacturing.
Led by Zeetta Networks, activity started in early 2020 and will run until March 2022. The key objective is to design and deliver a private 5G network within the National Composites Centre.
See full article here: https://techround.co.uk/interviews/interview-with-vassilis-seferidis-co-founder-at-zeetta-networks-a-leading-partner-of-5g-encode/
Bloc Ventures, which raised £30m earlier this year, invests in “deep tech” start-ups, businesses working advanced technologies such as quantum computing and advanced semiconductors.
Bloc has hired Michael Dimelow, a former corporate executive at Arm, as its chief commercial officer, who will advise its portfolio companies.
Michael Dimelow, Bloc’s chief commercial, said: “Investing in deep tech businesses is hard to get right, it helps if you understand the journey that the founders are about to go on. Bloc understands that journey and brings a wealth of product, technology and business building expertise, combined with a permanent capital structure. A patient approach to venture investing is unique within the UK and Europe and enables Bloc to take a long-term view with the founders we back. Funding the next wave of technology innovation and helping to shape Bloc Ventures long term growth was an opportunity too good to be missed.”
It is understood Bloc is “gearing up” for a stock market listing that could present a rival to London listed Draper Esprit.
Bruce Beckloff, Bloc’s chief executive, said: “An initial public offering is one of several options. If you look at Draper Esprit, the market is wide open for a venture model. The most obvious [exit] would be an IPO.”
See full article here: https://www.telegraph.co.uk/technology/2020/12/07/michael-spencer-backed-bloc-ventures-eyes-float-bolsters-team/
London, UK –Bloc Ventures(Bloc), the venture capital company focused on early stage European deep technology investment, announces the appointment of Michael Dimelow as Chief Commercial Officer.
Michael is an experienced technology investor and corporate development executive. As co-founder of Accelerated Digital Ventures (ADV), he acted as its CIO, deploying over £85 million. During his tenure at ADV, Michael helped build a portfolio of over 30 companies which included B-secur, Push Dr, UIPath and deployed fund of fund investments in seven funds such as Entrepreneur First, IQ Capital and Seedcamp.
Before ADV, Michael spent 15 years in senior leadership positions developing two of the UK’s most progressive deep technology businesses; ARM Holdings and TTP Communications. During his career, Michael has led teams responsible for deploying in excess of $500m in deep technology businesses, through acquisition and minority investment positions.
Michael’s appointment follows Bloc’s successful equity raise in July which brought the total capital raised to just under £30 million. With further equity raises expected in 2021, they join to add further expertise and bandwidth to Bloc’s already successful operational model.
Bruce Beckloff, co-Founder and CEO of Bloc said:”We are delighted to have Michael join the Bloc team. Having worked with Michael for many years at ARM, his insight and sector expertise will prove invaluable as we continue to build deep technology companies of global scale. Having Michael on the team will add further depth and skills as we deploy our hands-on, active approach to working our portfolio companies. His joining, and our most recent Series B round completion, underpins Bloc’s continued momentum and the confidence that we and our investors have in our growth plans.”
Michael Dimelow added: “Investing in deeptech businesses is hard to get right, it helps if you understand the journey that the founders are about to go on. Bloc understands that journey and brings a wealth of product, technology and business building expertise, combined with a permanent capital structure. A patient approach to venture investing is unique within the UK and Europe and enables Bloc to take a long-term view with the founders weback. Funding the next wave of technology innovation and helping to shape Bloc Ventures long term growth was an opportunity too good to be missed.”
–ENDS-
Paytia, a telephone payment compliance service, has closed its pre-Series A funding round on £1.2m, which was led by Bloc Ventures.
With the capital injection, Paytia will increase its operational capability, increase the size of its team and build new products which will complement its existing offering.
Founded in 2016, the FinTech leverages technology to ensure customers are protected and remain in control of their card data throughout any customer not present payment transactions. The cloud-native platform provides businesses with scalable means to take card not present payments from customers and meet compliance with PCI-DSS standards, without breaching regulations.
See full article here: https://member.fintech.global/2020/10/27/paytia-closes-its-pre-series-a-as-it-looks-to-boost-telephone-payment-compliance/
Today, 5G-ENCODE, a pioneering project that aims to make the benefits of 5G a reality for UK manufacturers, announces the switch on of its Phase One Industrial Private 4G Network at the world leading National Composites Centre (NCC), to establish a baseline for existing technology. This comes ahead of its Phase Two Industrial Private 5G Network, which will go live in 2021.
See full article here: https://www.5g-encode.com/government-backed-5g-encode-launches-phase-one-network
EVRYTHNG, the Product Cloud managing digital identities for the world’s consumer products, today announced it has partnered with Result Group of Companies, Australia’s premier supplier of innovative product packaging solutions, to help brands deliver on consumer expectations for transparency, authenticity and personalized consumer experiences.
Teaming to accelerate the digitization of products in Australia, the EVRYTHNG Product Cloud™ links every product item to its Active Digital Identity™ on the web—joining up item-level data at every point in a product’s journey from manufacturing to consumer interaction. Digitized products provide visibility, validation and real-time intelligence as well as connect directly with people.
See full article here: https://evrythng.com/evrythng-gets-result-in-australia/
EVRYTHNG, the Product Cloud managing digital identities for the world’s consumer products, today announced it has closed a $10 million further funding round, bringing its total capital raised to $60 million. EVRYTHNG will use the new investment to accelerate its global growth, expand its product capabilities that provide end-to-end supply chain traceability and visibility and machine-learning applications for brand integrity, and add to its team. A pioneer of the internet of things for consumer products and a World Economic Forum Global Innovator, EVRYTHNG works with global consumer brands that include Ralph Lauren, PUMA, P&G, Moët Hennessy and Anheuser-Busch InBev, among many others.
See full article here: https://evrythng.com/evrythng-raises-10-million-bringing-total-funding-to-60-million/
AccelerComm – The Southampton University spinout supercharging 5G, satellite and other wireless communications with IP which increases spectrum efficiency and reduces latency – has raised £5.8m in Series A funding in a round led by IQ Capital alongside existing investors Bloc Ventures and the IP Group. The funding will be used to expand the current team, drive US and global expansion, and develop the technology further as demand for the company’s cutting-edge digital signal processing IP grows among mobile operators, telecoms equipment vendors, satellite operators and connected device manufacturers.
See full article here: https://www.accelercomm.com/news/accelercomm-secures-5.8m-series-a-funding-from-iq-capital-bloc-ventures-and-ip-group
EVRYTHNG, the Product Cloud managing digital identities for the world’s consumer products, today announced it has partnered with Minet Technologies, Israel’s procurement and supply chain leader, to bring the EVRYTHNG Product Cloud™ to consumer goods manufacturers and brands in the region. EVRYTHNG makes it possible for manufacturers and brands to deliver end-to-end supply chain visibility and transparency into every product’s journey from the factory to the consumer to re-sale or recycle.
The first partnership of its kind in Israel, together EVRYTHNG and Minet Technologies offer Israeli consumer goods companies an end-to-end product identity solution for supply chain, product authenticity and marketing applications.
See full article here: https://evrythng.com/evrythng-minet-partnership/
